Morning Juice – Europe Session Prep

Good Morning Traders.
It is Tuesday the 11th of November. Here is what to look out for today.

Sentiment
Australia’s consumer confidence soared in November as households turned more positive on prospects for the economy, a result that’s likely to further reduce the chances of a near-term interest-rate cut. Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures. President Donald Trump on Monday expressed support for the bipartisan deal to end the US shutdown, a key development that makes it likely the government reopens within days. President Donald Trump’s idea of mailing $2,000 “dividend” payments from tariffs to US citizens marks a throwback to the stimulus checks distributed during the COVID crisis, with similar economic risks.

Docket
02:00 ET
UK Employment Data
Employment Change SA – Forecast: -3K | Prior: -10K | Range: 15 / -10
Employment Change 3M/3M – Forecast: 10K | Prior: 91K | Range: 34K / -35K
Unemployment Rate – Forecast: 4.9% | Prior: 4.8% | Range: 5% / 4.8%
Average Weekly Earnings YoY – Forecast: 5% | Prior: 5% | Range: 5% / 4.7%

05:00 ET
German ZEW
Current Conditions – Forecast: -78.2 | Prior: -80 | Range: -72 / -81.5
Economic Sentiment – Forecast: 41 | Prior: -39.3 | Range: 50 / 35

Speakers
03:30 ET
BoE’s Greene speaks on a panel at the UBS European conference.
ECB’s Vujcic participates in panel at UBS European Conference 2025.
ECB’s Sleijpen gives opening remarks at DNB Annual Research Conference